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    164 5Th Avenue Pl Moline, IL 61265

    Sponsored
    For Sale
    $145,000

    Two-building industrial property, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents two buildings situated on a land parcel in Moline, Illinois, at 164 5th Avenue, zip code 61265. Built in 1947, this property offers a unique blend of commercial and warehouse space, ideal for a variety of uses. The northern building features a hoist (available for an additional $5,000), office space, a restroom, and convenient drive-through doors on both the north and south sides. The second building is a spacious, open structure with drive-through doors on the north and east sides. The property's previous use as a tire business speaks to its inherent suitability for storage and distribution. The asking price for this combined land and building package is $145,000. This property is located in Rock Island County and offers significant potential for a savvy investor seeking a versatile industrial space in a well-established location. The property's dual-building configuration provides flexibility for various business needs, while the drive-through access enhances operational efficiency. This is a rare opportunity to acquire a well-positioned, multi-functional property at an attractive price point.

    Property Features for 164 5Th Avenue Pl

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1947
    Buildings
    2

    HighLights

    • Exceptional investment opportunity: Two buildings on a single parcel in Moline, IL (61265), asking $145,000.
    • 1947 construction offering a mix of commercial and warehouse space.
    • Northern building includes office space, restroom, drive‑through doors (north & south), and a hoist (available for $5,000).
    • Second building features a spacious, open layout with drive‑through doors (north & east).
    • Ideal for storage and distribution; previously used as a tire business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.4974359
    Latitude
    41.4902075

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    FAQs

    What type of property is this?
    Distribution property - Two-building industrial property, prime location.
    Where is this distribution property located?
    The property is located at 164 5Th Avenue Pl Moline, IL.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: Two buildings on a single parcel in Moline, IL (61265), asking $145,000.; 1947 construction offering a mix of commercial and warehouse space.; Northern building includes office space, restroom, drive-through doors (north & south), and a hoist (available for $5,000).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    164 5Th Avenue Pl Moline, IL 61265
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